So it turns out that the brakes on my moped are just fine. However, the little black box that regulates power for the turn signals had falled down and gotten wedged in between the rear wheel and one of the shock absorbers. It melted a little bit and spewed plastic shavings all over the back end, but it looks like everything is fine.
Yeah. Not having to repair the brakes = good.
Yeah. Not having to repair the brakes = good.